Stock analysis Sumitomo Chem India Ltd SUMICHEM
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Recent prices of SUMICHEM Sumitomo Chem India Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 29 Tue Apr 2025 | 504.80 | 502.20 to 520.30 | -1.03% | 0.91 times |
| 28 Mon Apr 2025 | 510.05 | 506.50 to 524.75 | -0.54% | 0.83 times |
| 25 Fri Apr 2025 | 512.80 | 510.80 to 536.20 | -3.85% | 1.04 times |
| 24 Thu Apr 2025 | 533.35 | 529.35 to 548.55 | -3.23% | 1.26 times |
| 23 Wed Apr 2025 | 551.15 | 549.30 to 563.05 | -0.6% | 0.66 times |
| 22 Tue Apr 2025 | 554.45 | 549.20 to 572.00 | 0.27% | 1.85 times |
| 21 Mon Apr 2025 | 552.95 | 551.00 to 561.80 | 0.02% | 0.53 times |
| 17 Thu Apr 2025 | 552.85 | 550.55 to 565.90 | -0.71% | 0.56 times |
| 16 Wed Apr 2025 | 556.80 | 548.75 to 562.15 | 0.28% | 0.86 times |
| 15 Tue Apr 2025 | 555.25 | 550.25 to 576.85 | -1.77% | 1.54 times |
| 11 Fri Apr 2025 | 565.25 | 549.05 to 574.00 | 1.19% | 0.86 times |
| 09 Wed Apr 2025 | 558.60 | 554.75 to 570.40 | -0.21% | 0.69 times |
Technical analysis forecast for Sumitomo Chem India Ltd Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Sumitomo Chem India Ltd SUMICHEM at this time. Stock is falling and might fall more.
It appears as if Sumitomo Chem India Ltd SUMICHEM gave a large move recently.
Stock of Sumitomo Chem India Ltd (SUMICHEM) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Sumitomo Chem India Ltd is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Sumitomo Chem India Ltd stays below 516, but if it comes above 516, then a intra day buy could be more profitable.
If you take a sell trade below 516, then use 516 as stoploss and 492.9 as target. However if you take a buy trade in Sumitomo Chem India Ltd, then use 516 as stoploss and 535.2 as target.